NOT LISTED FOR SALE

Estimated Value: $2,749,526 - $3,785,000

0.91 Acre
$3,391,079 Price per Acre
39,640 Sq Ft Lot

Last Sold January 02, 2020

Last sale price $1,250,000 $784 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $17,972/month

61 Days on Market

Highlights

  • View of Trees or Woods
  • Cold Spring Elementary School Rated A
  • Property is near schools

About This Lot

As of January 2020

In highly desirable Cold Spring School District, nearly one-acre parcel in a quiet, private location with 3 bdrm/2 bath ranch-style home, up a long driveway, on a gently sloping parcel with no adjoining homes above or below. Large picture window views of lush gardens from bedrooms and spacious living room with high wood beamed ceiling, natural stone fireplace. Big patio, attached garage, plenty of guest parking. Update existing home or create larger residence (see architectural rendering in photos). Close to Montecito's shops, restaurants, beaches and parks.

Last Agent to Sell the Property

Stephen Slavin

Coldwell Banker Realty Listed on: 10/11/2019

Last Buyer's Agent

Stephen Slavin

Sotheby's International Realty License #00493760

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,456

Lot Details

  • 0.91

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Views of Woods
  • 0.91 Acre Lot
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 013-193-002

Property Details

Property Type

Land

Est. Annual Taxes

$15,456

Lot Details

0

Listing Details

  • Directions: Camino Viejo to El Rancho, end of street on the left.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • Property Information Apx # Acres: 0.91
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Utility Info Water: Yes
  • Site Improvements Util At Site: Yes
  • Utility Info Electric2: Yes
  • Utility Info Sewer: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • Proximity Near School(s)2: Yes
  • View Wooded3: Yes
  • Site Improvements Cable TV3: Yes
  • Utility Info Gas6: Yes
  • Site Improvements Gas7: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Wooded
  • Acres: 0.91

Utilities

  • Water Source: Mont Wtr

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-193-002
  • Zoning: R-1
  • Lot Size Sq Ft: 39639.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 2, 2020
Sold by
Reinelt Veronika and Reinelt Frank Stephen
Bought by
Ferguson Robert A and Ferguson Carolyne S
Seller's Agent
Stephen Slavin
Coldwell Banker Realty
Buyer's Agent
Stephen Slavin
Sotheby's International Realty
List Price
$1,549,000
Sold Price
$1,250,000
Premium/Discount to List
-$299,000
-19.3%
Current Estimated Value
$3,085,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,835,882
Avg. Annual Appreciation
17.34%
Original Mortgage
$250,000
Interest Rate
3.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferguson Robert A $1,250,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Robert A $400,000
Open Ferguson Robert A $1,500,000
Closed Ferguson Robert A $250,000
Closed Ferguson Robert A $1,062,500
Previous Owner Morefield Robert A $250,000
Previous Owner Morefield Robert A $450,000
Previous Owner Morefield Robert A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold $1,250,000 0.0% $784 / Sq Ft
01/02/2020 01/02/20 Sold $1,250,000 -19.3% $784 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/11/2019 12/11/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $1,549,000 0.0% $972 / Sq Ft
09/17/2019 09/17/19 For Sale $1,549,000 -- $972 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,456 $1,367,053 $1,203,008 $164,045
2023 $15,456 $1,313,971 $1,156,295 $157,676
2022 $14,950 $1,288,208 $1,133,623 $154,585
2021 $14,659 $1,262,950 $1,111,396 $151,554
2020 $15,259 $1,326,000 $1,173,000 $153,000
2019 $3,140 $159,076 $72,283 $86,793
2018 $3,106 $155,958 $70,866 $85,092
2017 $2,977 $152,901 $69,477 $83,424
2016 $2,874 $149,904 $68,115 $81,789
2014 $2,630 $144,761 $65,778 $78,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3513

Santa Barbara Multiple Listing Service

APN: 013-193-002